The monthly payment is only part of the picture. Free mortgage calculator for Canada: monthly repayments, deposit and the cash you need on day one, including every buying cost and tax.
Costs on top of the price
CA$13,975
Other buyer · Ontario (outside Toronto) ·
What do you want to work out?
Your monthly repayments, the deposit and the cash you need on day one.
Monthly repayment
Loan
CA$562,500Deposit
CA$187,500Total interest
CA$385,071If rates rise 1%
CA$3,488If rates rise 2%
CA$3,833Cash needed on day one
CA$201,475Example rate only, not a quote or mortgage advice. Rates change daily and depend on you; speak to a lender or a regulated mortgage broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
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Questions
Other buyer in Ontario (outside Toronto): land transfer tax is about CA$11,475. All buying costs together come to about CA$13,975, or 1.9% of the price. Change the price or buyer type above to see your own figure.
In Ontario, buyers who aren't Canadian citizens or permanent residents pay a 25% Non-Resident Speculation Tax. In parts of British Columbia, including Greater Vancouver, foreign buyers pay an extra 20%.
As a citizen or permanent resident, the foreign-buyer rules don't apply to you.
A Canadian real estate lawyer. A Social Insurance or tax number if you'll rent it out.
We last updated the figures on 16 Oct 2026 and checked them against official sources on 16 Oct 2026. We check every country every week, and show a warning if a check is overdue.
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